Under ContractSingleFamilyResidence

248 Cathy Drive

Newbury Park, CA, 91320

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$975,000

MLS: 226001582

Beds

3

Baths

2

Sq Ft

1,441

Lot

0.18 ac

Year Built

1964

MLS #

226001582

Days on Market

13

Listed

Apr 8, 2026

Description

Tucked into a desirable Newbury Park neighborhood, this beautifully updated single-story home offers the perfect blend of comfort, style, and privacy. With 3 bedrooms, 2 bathrooms, and nearly 1,500 square feet of living space, this inviting residence sits on an expansive nearly 8,000 square foot lot--creating a peaceful retreat you'll love coming home to.Step inside to discover a bright and welcoming interior featuring smooth ceilings, recessed lighting, newer windows and doors, and gorgeous wood-look tile flooring throughout--combining the warmth of wood with the durability of tile. The spacious living room is anchored by a cozy fireplace, making it the perfect spot to relax or gather with family and friends.The heart of the home is the stunning remodeled kitchen, thoughtfully designed with modern finishes including sleek waterfall countertops, stainless steel appliances, and a classic subway tile backsplash. Just off the kitchen, an adjacent dining room offers a wonderful space for everyday meals or entertaining, with views overlooking the sparkling pool and backyard--bringing in natural light and a connection to the outdoor setting.Outside, the private backyard is truly a standout feature. Enjoy distant mountain views of Mt. Boney while taking in the serene surroundings. The generous yard offers a large grassy area with artificial turf, a sparkling pool and spa, and plenty of space for entertaining, play, or simply unwinding. Two storage sheds provide added convenience for all your outdoor needs.Additional highlights include an attached 2-car garage and solar panels for energy efficiency.Ideally located near Borchard Community Park, Newbury Park High School, and Sequoia Middle School, this home offers both tranquility and convenience. With its inviting atmosphere, thoughtful upgrades, and exceptional outdoor space, this is a home that truly checks all the boxes.

Location

Newbury Park, Ventura County, CA 91320

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Listed by: Jeffrey Diamond · Berkshire Hathaway HomeServices California Properties

Payment estimate

$7,073

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $97,500 · Loan: $877,500

%
Principal & Interest
$5,392
Property tax (1.25%)
$1,016
Homeowners insurance
$300
Mortgage insurance
$366
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Newbury Park home with as little as 3.5% down using an FHA loan — roughly $34,125 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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